<3  Based on the resale value and the rents you can achieve with this property, it seems this will be an appreciation play since a refi would make you go cash flow negative.

This is also dangerous as the market could (and probably will) change for the negative, thus draining your of your built-in equity position.

Of those who have an Operating Agreement, most don't follow it precisely which negates the value of an LLC anyway.

Especially with access to VA loan, Focus in on househacking for a year or two and that will build your base while keeping your monthly costs down or hopefully negative!

If you invest internationally, you need to know what you're doing, even more so than if you were at home.I don't mean to be negative but, if I was a newbie, I would start by doing what's been proven to make sure I don't get disappointed and give up on real estate because of that.

You’ll be cash-negative after accounting for maintenance & cap-x.

I’ve ran a couple properties on the calculators offered here and everything seems to be estimating negative on the cash flow, 2 to 3 hundred dollars still coming out of my pocket after all expenses and P&I .

And, then text me “It sounds like flipping homes might not be the best profession for you it seems like you gravitate towards the negative and look at the cup half empty instead of half full”  So, here we have a COO questioning a first time investors personally and knowledge of the Carson real estate market when the issue is/was Joseph Keane under his management misdeeds.

I guess I pick up a general negative vibe towards market timing angles/directions (from you and others). 

My guess would be that without your equity buying your cash flow on this property it would have negative cash flow and not be a worthwhile income investment property.